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Tech Talk: Kelowna vying for its share of tech economy

91ƵWe are trying to do whatever we can to promote tech in Kelowna,91Ƶ Basran said.
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The City of Kelowna is doing what it can to make Kelowna a tech hub

Kelowna91Ƶs mayor is nothing if not a champion of this city91Ƶs burgeoning tech sector.

Whether it91Ƶs advocating for the construction of an innovation hub for tech start-ups, backing city plans to build the dark fibre network or simply being a presence at tech networking events  like Metabridge, Colin Basran is making efforts to ensure this city isn91Ƶt missed when it comes to being the next big thing in tech.

He even joined a delegation of Kelowna tech employees on a fact finding mission to up-and-coming tech region, Boulder, Colorado, last year to see if he could glean any information on best practices for industry development.

91ƵWe are trying to do whatever we can to promote tech in Kelowna,91Ƶ Basran said.

91ƵIt creates jobs for young people in our community, because the people attracted to tech jobs are younger. They91Ƶre also well paying jobs.91Ƶ

And those well-paying jobs have a cascading effect.

91ƵTech is attracting well-educated people who are environmentally conscious, socially conscious, donate to charities, and develop social industries,91Ƶ he said.

91ƵThey want to live where they want to work, ride bikes and eliminate traffic and are promoters of arts and culture.91Ƶ

In short, the tech industry and the men and women it employs are the gold standard.

It91Ƶs not a secret.

The 91Ƶnext Silicon Valley91Ƶ is an oft91Ƶ referred to title for which there are many contestants.

Seemingly every city is vying to be the next big tech hub. Orlando, Chicago, Utah and Las Vegas are just a few spots south of the border wrangling for the designation.

Closer to home, there91Ƶs Vancouver, which has seen some major successes. Social media company HootSuite, which was started by a Vernon-transplant, is most notable in that city91Ƶs offerings.

But Basran isn91Ƶt worried about who91Ƶs doing what, he said. 91ƵI don91Ƶt give one single thought to what Vancouver is doing91Ƶwe are just trying to grow Kelowna.91Ƶ

The trouble is, there is a finite resource that all these places are drawing from the same pool91Ƶskilled employees.

91ƵThat91Ƶs the one ingredient we91Ƶre missing,91Ƶ said Basran.

Corie Griffiths, manager of the Central Okanagan Economic Development Commission, spoke earlier in the year about that issue, noting that her organization91Ƶs annual outreach program, Business Walks, highlighted what could be an economic stumbling block if it91Ƶs not addressed.

91ƵFor the entire Okanagan, the workforce needed in the next five years is somewhere in between 28,000 and 48,000,91Ƶ said Griffiths, citing both the conservative and bullish estimates available to her.

Those figures include both migration data and population growth.

91ƵIt91Ƶs a tough thing to overcome, and an issue the province and the coutntry is facing,91Ƶ Griffiths said.

91ƵThere91Ƶs a race for human capital throughout the world. One advantage we have is the types of careers available matched with our unparalleled lifestyle.91Ƶ

Lifestyle, said Basran, is something that the Okanagan has no shortage of. While the region91Ƶs often lamented high cost of real estate and low rate of rental vacancies act as a barrier in lower paying industries, Basran said those who are employed in tech may find Kelowna to be the affordable option.

91ƵWe could attract Vancouver workers who can91Ƶt afford a $1 million home,91Ƶ he said.

91ƵWe can play on our strengths.91Ƶ

Another strength he91Ƶs been eyeing is the  educational facilities nestled within city borders.

Okanagan College president Jim Hamilton joined Basran on that fact finding trip to Colorado last year. As a result, the college is now looking at tailoring its programs so graduates can fill vacant tech jobs. In particular they91Ƶre looking at coding and animation.

91ƵOC is trying to take a proactive role in trying to make all of this grow,91Ƶ Hamilton said.

The infrastructure to support industry growth is also falling into place.

The City of Kelowna recently installed approximately 13 kilometres of fibre optic cable to provide high bandwidth data services to a number of city facilities. The fibre optic cable implementation has provided significant operational cost savings, faster data response time and innovative new ways of providing service.

The city also intentionally over-built the network to include extra optic fibre to accommodate future city needs and be available for lease to businesses and institutions that have significant amounts of data to move.

91Ƶ(The city) is able to make money and attract businesses, and it91Ƶs already paying off,91Ƶ said Basran.

Cloud storage company Rackforce was the city91Ƶs first customer on the network in early 2014 and late last year animation company Bardell signed on.

They were attracted to the option to tap into the network, bringing with them 50 full-time positions. They91Ƶre now slated for expansion.

Also fitting into the puzzle is the Innovation Centre, which should be completed in November.

Accelerate Okanagan, a business support system for tech companies in the startup or growing phases, will move into the building.

Community manager Brea Retzlaff, sees that as a major force in growing the local industry. 91ƵThere are few places in Canada that have a dedicated Innovation Centre.91Ƶ

In addition to providing support to up and comers, she said, it will shine a light on how many tech companies there are here in the region.

91ƵA lot of people don91Ƶt know where these companies are or that they91Ƶre even here. (Seeing that) will help recruit more talent to the community,91Ƶ she said, adding that it could also prompt a well established tech company to create a satellite space in the region.

As is, the industry is already a bigger force than it was anticipated to be even a few years ago.

In a study released last year, Accelerate Okanagan said there were 558 companies, 6,551 employees, 1,920 self-employed workers and innumerable software, applications, data processing, engineering and graphic design, game, website, e-commerce and e-learning ventures.

At that time, they said the Okanagan technology industry added about

$1 billion to the economy annually.

Retzlaff said Accelerate Okanagan is about to launch another study, the results she says are likely to reflect further growth in the local tech industry.

The 91Ƶ looked at tech from a variety of angles this week. Here are a few more stories in our Tech Talk package:

 

 





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